Business
Super League Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Update on Strategic Discussions to Accelerate Path to Profitability and Diversify Revenues
~ Ann Hand to Support Strategic Alternative Initiatives as Executive Chair; President Matt Edelman Promoted to the Role of Chief Executive Officer ~ ~ Renowned Marketing and Advertising Executive Bant Breen Appointed to Board of Directors ~ SANTA MONICA, Calif., March 28, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE), a leader in redefining the gaming industry as a media channel, today released fourth quarter and full year 2024 financial results. Super League Executive Chair, Ann Hand Comm
About this update from Super League Enterprise, Inc.
[{"type":"image","alt":"Super League Enterprise","displaySize":"","headline":null,"caption":"Super League Enterprise","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":111,"url":"https://media.zenfs.com/en/globenewswire.com/f431b51507c29adce0d57f033147428f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tFwHWcgIEqATmqSXebuBYg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1NTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/f431b51507c29adce0d57f033147428f","width":300,"height":111}},"lazy":false},{"type":"text","content":"~ Ann Hand to Support Strategic Alternative Initiatives as Executive Chair; President Matt Edelman Promoted to the Role of Chief Executive Officer ~","length":148,"tagName":"p"},{"type":"text","content":"~ Renowned Marketing and Advertising Executive Bant Breen Appointed to Board of Directors ~ ","length":91,"tagName":"p"},{"type":"text","content":"SANTA MONICA, Calif., March 28, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE), a leader in redefining the gaming industry as a media channel, today released fourth quarter and full year 2024 financial results.","length":215,"tagName":"p"},{"type":"text","content":"Super League Executive Chair, Ann Hand Commented: ","length":49,"tagName":"p"},{"type":"text","content":"“The last two years have presented Super League with a unique set of challenges that have tested our resolve. But make no mistake, our conviction and enthusiasm to seize the opportunity in front of us is unwavering. We have worked tirelessly to build our platform over the years and are confident we have the talent, grit and an actionable plan already underway to successfully achieve our long-term objectives.","length":411,"tagName":"p"},{"type":"text","content":"While we have achieved plenty of success across hundreds of campaigns with blue-chip brands, creating innovative technology and growing our audience base, our financial results in the back half of 2024 did not live up to the results we expected. The micro-cap market has not rebounded in ways that we would like, combined with some macro-economic headwinds and structural shifts in the Roblox ad ecosystem, we have had to quickly adapt and be faster and more assertive in building a successful and sustainable business. Yet, we believe in our long-term prospects, and there are positive signs in Q1 – notably that revenue diversification ...